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Selling of National Assets Is Like Auctioning Nigeria – Fayose

Farouk Mohammed
By Farouk Mohammed
Published: October 3, 2016
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2 Min Read
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The Ekiti State Governor, Ayodele Fayose has disagreed with some prominent Nigerians over the need to sell national assets to finance the 2016 budget.

Fayose opposed the idea, arguing that selling them would amount to auctioning Nigeria.

He said this in Ado Ekiti during an interactive forum which was part of the activities lined up to mark the 20th anniversary of the creation of Ekiti State.

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Fayose, in his remarks, said selling the national assets was like selling Nigeria at a give-away price.

“Selling our national assets simply amounts to auctioning Nigeria. If we sell the assets because the country is in recession, what would be left of Nigeria?

“What would we call our own? Selling of assets is like moving the country backward. If we sell the assets to finance this year’s budget what would we sell next year? The Federal Government should look beyond its party and assemble economists and financial experts that would assist the President in his drive to bring the nation out of the present economic quagmire.”

Urging the Federal Government to uphold the principles of justice and equity, which he said were germane to building democracy, the governor said, “Justice is very important and without it, democracy is already endangered.

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ByFarouk Mohammed
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Farouk Mohammed is a Head Editor at Okay Nigeria (Okay.ng). He has been publishing for 10 years and focused more on Local/World News on Okay.ng
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